Salama Capital Restructuring Completed as Islamic Arab Insurance Restores Strong Solvency Salama completes capital restructuring with Dh456m reduction and Dh155m mandatory convertible sukuk, restoring solvency and UAE Central Bank compliance. …
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First Abu Dhabi Bank posts AED 5.01bn Q1 profit with 17.8% ROTE
by James Bryantby James BryantFirst Abu Dhabi Bank posts AED 5.01bn Q1 2026 net profit as assets hit AED 1.49tn First Abu Dhabi Bank posts AED 5.01bn Q1 2026 net profit, ROTE 17.8%; revenues …
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Commercial Bank of Dubai Reports Q1 2026 Profit Rise and Asset Growth
by James Bryantby James BryantDubai Commercial Bank Q1 2026 results show modest profit growth and stronger balance sheet Dubai Commercial Bank Q1 2026 results: net profit before tax AED 912m; operating income up on …
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Abu Dhabi Commercial Bank posts 30% higher Q1 profit, AED 809bn assets
by James Bryantby James BryantAbu Dhabi Commercial Bank Q1 2026: Net profit AED 3.361bn, ROE 16.3% Abu Dhabi Commercial Bank Q1 2026 results show AED 3.361bn net profit, 30% pre‑tax growth, assets AED 809bn, …
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Damascus foreign exchange and gold market launched by Central Bank of Syria
by James Bryantby James BryantSyria Launches Damascus Foreign Exchange and Gold Market to Curb Black Market Syria launches the Damascus foreign exchange and gold market — an electronic platform to unify prices, boost transparency …
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UAE Central Bank reveals Emiratisation reaches 31% with 10,780 hires by 2025
by James Bryantby James BryantUAE Emiratisation in banking sector reaches 31% as Central Bank reports 2,901 hires in 2025 Central Bank data show Emiratisation in the banking sector reached 31% by December 31, 2025, …
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West Bank school attack kills two, including 14-year-old, amid surge in settler violence Two people, including a 14-year-old boy, were killed when Israeli settlers opened fire on a school in …
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Business
First Abu Dhabi Bank announces 2030 net-zero plan and AED114bn sustainable financing
by James Bryantby James BryantFirst Abu Dhabi Bank net-zero plan updated on Earth Day with AED114.4bn mobilised and 4m tonnes CO2 avoided First Abu Dhabi Bank updates its net-zero plan on Earth Day 2026, …
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Business
UAE launches National Talent Program with World Bank to train 15 Emiratis
by James Bryantby James BryantUAE national talents World Bank program launched to train 15 Emiratis in development finance The UAE launches a national talents World Bank program to send 15 Emiratis for hands-on training …
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Business
Emirates Development Bank Approves Record AED 1 Billion Monthly Financing
by James Bryantby James BryantEmirates Development Bank Approves Record Dh1 Billion in Monthly Financing to Strengthen UAE Industry Emirates Development Bank’s record Dh1 billion monthly financing signals a strategic push to bolster manufacturing, food …